v3.26.1
Consolidated Balance Sheets (Unaudited) - PAC - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,203 $ 1,695
Inventories 2,086 2,105
Regulatory assets 573 892
Assets held for sale 1,994 0
Other current assets 1,195 1,024
Total current assets 14,612 9,637
Regulatory assets 3,898 3,929
Other assets 3,189 3,264
Total assets 152,029 148,327
Current liabilities:    
Accounts payable 2,923 3,389
Accrued interest 855 797
Accrued property, income and other taxes 764 745
Accrued employee expenses 409 345
Short-term debt 1,005 1,997
Current portion of long-term debt 1,257 1,455
Wildfires liabilities 160 734
Liabilities held for sale 249 0
Other current liabilities 1,893 1,930
Total current liabilities 9,515 11,392
Senior debt 11,462 11,461
Junior subordinated debt 3,266 1,584
Regulatory liabilities 6,585 6,772
Deferred income taxes 13,119 12,999
Wildfires liabilities 417 427
Other long-term liabilities 5,873 5,624
Total liabilities 95,737 93,018
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 5,563 5,558
Retained earnings 51,465 50,351
Accumulated other comprehensive loss, net (1,976) (1,844)
Total BHE shareholder's equity 55,052 54,065
Total liabilities and equity 152,029 148,327
PAC    
Current assets:    
Cash and cash equivalents 2,169 73
Trade receivables, net 827 1,032
Other receivables, net 146 212
Inventories 900 920
Regulatory assets 450 669
Prepaid expenses 237 148
Assets held for sale 1,905 0
Other current assets 297 138
Total current assets 6,931 3,192
Property, plant and equipment, net 29,925 31,113
Regulatory assets 1,833 1,891
Other assets 956 994
Total assets 39,645 37,190
Current liabilities:    
Accounts payable 1,325 1,378
Accrued interest 226 260
Accrued property, income and other taxes 104 96
Accrued employee expenses 131 105
Short-term debt 0 1,000
Current portion of long-term debt 0 100
Regulatory liabilities 78 80
Wildfires liabilities 160 734
Liabilities held for sale 249 0
Other current liabilities 483 529
Total current liabilities 2,756 4,282
Senior debt 16,079 13,193
Junior subordinated debt 1,930 841
Regulatory liabilities 2,419 2,577
Deferred income taxes 3,408 3,274
Wildfires liabilities 417 427
Other long-term liabilities 1,418 1,449
Total liabilities 28,427 26,043
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 4,479 4,479
Retained earnings 6,749 6,678
Accumulated other comprehensive loss, net (10) (10)
Total BHE shareholder's equity 11,218 11,147
Total liabilities and equity $ 39,645 $ 37,190